Madagascar vs Rwanda: Personal remittances and foreign aid received
Madagascar
439.71 million current US$
in 2021
Rwanda
391.21 million current US$
in 2021
Madagascar rank
120th
Rwanda rank
123rd
Personal remittances and foreign aid received over time
- Madagascar
- Rwanda
How they compare
Madagascar currently reports 439.71 million current US$ against 391.21 million current US$ in Rwanda, a difference of 48.50 million current US$.
That makes Madagascar's figure about 1.1 times Rwanda's.
The two have swapped places 4 times across 41 shared years of data; in 1976 it was Madagascar ahead.
Madagascar ranks 120th and Rwanda ranks 123rd of 193 countries.
Across the 6 decades both report, Madagascar averaged higher in 4 and Rwanda in 2.
Head to head by decade
| Decade | Madagascar | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 370,731 current US$ | 2.10 million current US$ | 1.72 million current US$ | Rwanda |
| 1980s | 3.53 million current US$ | 4.00 million current US$ | 463,340 current US$ | Rwanda |
| 1990s | 11.31 million current US$ | 7.16 million current US$ | 4.15 million current US$ | Madagascar |
| 2000s | 15.84 million current US$ | 8.22 million current US$ | 7.62 million current US$ | Madagascar |
| 2010s | 362.55 million current US$ | 188.51 million current US$ | 174.04 million current US$ | Madagascar |
| 2020s | 467.53 million current US$ | 335.64 million current US$ | 131.89 million current US$ | Madagascar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances and foreign aid received, Madagascar or Rwanda?
- Madagascar, at 439.71 million current US$ against 391.21 million current US$ in Rwanda as of 2021.
- What is the difference in personal remittances and foreign aid received between Madagascar and Rwanda?
- 48.50 million current US$, with Madagascar ahead.
- How many years of comparable data are there for Madagascar and Rwanda?
- 41 years are reported by both, from 1976 to 2021.
- How do Madagascar and Rwanda rank globally for personal remittances and foreign aid received?
- Madagascar ranks 120th and Rwanda ranks 123rd of 193 countries.
- Where does this data come from?
- World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data, published as Personal remittances and foreign aid received. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Remittances are financial transfers from non-residents to residents of a country, such as a worker abroad sending money to family and friends. Foreign aid is measured as official development assistance. Both are measured in current US$.